Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h 0.000%
Price spread now: GRVT against QFEX−0.247%57s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.438% of the position
Funding, last 4 days (all we have)+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.535%+$54 · spread now −0.247%, 7d avg +0.038%
=Together, before fees+0.560%+ Points / potential airdropGRVT: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.285% cheaper against QFEX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.038%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BE-USD | 271.53 | 0.0024 | pay 0.0003% / 1h | 36m 12s | $1.3M | $2.5M | 10x |
| Short | GRVT BE_USDT_Perp | 270.86 | 0 | get 0.0000% / 8h | 2h 36m | $6K | $160K | 10x |
QFEX BE-USD
GRVT BE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.04
- Price spread: −0.247% → +0.038%
- −$28.48
- Slippage, 4 orders
- −$24.79
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$77.31
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 11 min ago; GRVT: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 11 min ago | 1.65 bp | 7.7 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 7 min ago | 1.84 bp | 11.7 bp −$12 | 23.5 bp −$235 | doesn't fit | doesn't fit |
BE on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0010% | 8h | 271.37 | −0.059% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.33 | −0.075% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.40 | −0.048% | $47K | $253K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.47 | −0.021% | $8.3M | $37.0M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.40 | −0.048% | $2.6M | $6.8M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.40 | −0.048% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 270.86 | −0.247% | $6K | $160K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 271.52 | −0.004% | $999 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.93 | −0.221% | $12K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0002% | 8h | 271.53 | 0.000% | $2.0M | $1.1M | 25x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USDlong | +0.0024% | 1h | 271.53 | long leg | $1.3M | $2.5M | 10x | |
| Lighter BE | +0.0032% | 1h | 271.23 | −0.110% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.38 | −0.055% | $248K | $290K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.13 | −0.147% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.44 | −0.033% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.45 | −0.029% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.346% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.46 | −0.026% | $366K | $17K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.45 | −0.030% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.49 | −0.015% | $45K | $144K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0377% | 1h | 271.46 | −0.026% | $6K | $4K | 10x | as long as short |
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL